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Brent, U.S. crude pull back after economic data

Published 06/27/2011, 08:43 AM
Updated 06/27/2011, 08:52 AM

NEW YORK, June 27 (Reuters) - Brent and U.S. crude futures slipped slightly in choppy trading Monday, reacting to data showing personal income rose less than expected in the United States in May and personal spending remained flat, also below expectations.

ICE Brent August crude was down $1.11 at $104.01 a barrel at 8:41 a.m. EDT (1241 GMT), earlier trading as low as $102.28 and having posted an intraday peak of $105.40.

On the New York Mercantile Exchange, August crude , fell 53 cents to $90.63 a barrel, having earlier traded as low as $89.82 and having traded as high as $91.30. (Reporting by Robert Gibbons; Editing by John Picinich)

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